10,648 Shares in Procter & Gamble Company (The) $PG Acquired by VanWeelden Wealth Management LLC

VanWeelden Wealth Management LLC acquired a new position in Procter & Gamble Company (The) (NYSE:PGFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,648 shares of the company’s stock, valued at approximately $1,636,000. Procter & Gamble makes up approximately 1.3% of VanWeelden Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after buying an additional 3,189,111 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Procter & Gamble by 1.8% in the second quarter. Geode Capital Management LLC now owns 59,415,933 shares of the company’s stock valued at $9,439,341,000 after purchasing an additional 1,060,713 shares in the last quarter. Norges Bank bought a new stake in Procter & Gamble in the second quarter worth $5,099,644,000. Charles Schwab Investment Management Inc. raised its stake in Procter & Gamble by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 17,385,571 shares of the company’s stock valued at $2,770,035,000 after purchasing an additional 294,673 shares in the last quarter. Finally, Invesco Ltd. lifted its position in Procter & Gamble by 21.4% during the second quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock valued at $2,608,785,000 after purchasing an additional 2,880,895 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insiders Place Their Bets

In other news, insider Marc S. Pritchard sold 95,903 shares of the business’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the transaction, the insider directly owned 182,607 shares of the company’s stock, valued at approximately $27,601,048.05. The trade was a 34.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Matthew W. Janzaruk sold 725 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value of $108,438.25. Following the sale, the chief accounting officer directly owned 979 shares in the company, valued at approximately $146,429.03. The trade was a 42.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 96,629 shares of company stock worth $14,604,323 over the last quarter. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Up 0.0%

Shares of NYSE PG traded up $0.06 during trading hours on Wednesday, reaching $148.40. The stock had a trading volume of 669,504 shares, compared to its average volume of 11,715,680. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99. The firm has a market cap of $344.89 billion, a price-to-earnings ratio of 21.98, a P/E/G ratio of 4.96 and a beta of 0.39. The business’s fifty day moving average price is $144.83 and its two-hundred day moving average price is $150.37. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.48.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.10% and a net margin of 19.30%.The firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same quarter last year, the firm posted $1.88 earnings per share. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is 62.67%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on PG shares. Bank of America decreased their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft lowered their price objective on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and raised their price target for the stock from $150.00 to $156.00 in a research report on Tuesday. Finally, Barclays set a $155.00 price objective on shares of Procter & Gamble in a research report on Friday, January 16th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $167.00.

Read Our Latest Analysis on PG

Procter & Gamble Profile

(Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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